Lsa Management Inc

Analysis

Lsa Management Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lsa Management Inc reported income of $12.6m and spending of $9.8m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.5m to $12.6m (+93%), an average of +18% a year. The sharpest change came in the year to September 2020, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lsa Management Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include The Players Alliance Inc ($12.6m), Greater Columbia Accountable Community of Health ($12.6m) and Advocates for Youth ($12.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.2m (12% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $177.2m against liabilities of $165.4m, net assets of $11.8m. It reported 97 employees.